TIB Development Bank Limited, formerly known as Tanzania Investment Bank, is a government-owned development bank in Tanzania. The bank is the first development finance institution established by the Government of Tanzania
The bank has been established and exists under the Companies Act, 2002. The main focus of TIB Development Bank as a premier national DFI is financing national and private projects that aim at the attainment of the Tanzanian Development Vision 2025. The bank’s mandate is to support the Government in achieving rapid economic growth through the development of industries, infrastructure, services sectors, as well as oil and gas sectors.
